FintechServices

Our work with financial institutions, challenger banks, infrastructure providers and technology companies alike, gives us a deep understanding of the key issues that matter to our clients, whether incumbents or disruptors.

Our market-leading practitioners take a unique coordinated, cross-practice, cross-jurisdictional approach to support with their most complex fintech projects across the full fintech spectrum and all aspects of transactional and regulatory advice.

Navigate the regulation

Regulating the digital economy is a key priority for regulators worldwide; we keep abreast of these fast-moving developments across our specialisms, supporting clients with risk management, compliance, and responding to investigations and enforcement while also helping them navigate the complex and evolving regulatory landscape beyond financial regulation.

SERVICES

Regulatory Insight
ILAC helps clients to navigate the domestic and cross-border regulatory issues they will encounter in the constantly evolving fintech landscape. From data processing obligations to payments regulation, regulated outsourcings and solution deployment to cryptoasset trading, ILAC seamlessly leverages its global regulatory insight to ensure that innovation thrives in highly regulated environments.
KYC (Know Your Customer) & AML (Anti-Money Laundering)

KYC & KYB & KYT & AML compliance. Due diligence reports. Building KYC procedures. AML evaluation and screening of partners. Development of new or existing AML internal rules and all necessary documentation.

Legal and Tax Consultancy in Crypto

Legal and Tax Consultancy for Cryptocurrencies. Analysis on the nature and legal status of any tokens to be issued. Assisting on transfer of funds from cryptocurrencies to fiat money, acquisition and transfer of assets.

E-money and Payments systems

Payments are at the forefront of the digitalisation of commerce, particularly in an online context. Technological developments drive new business models, for example in relation to distributed ledger technology and blockchain, and cross-border payments.

Having advised on many ground-breaking use cases within the payments sector, such as stablecoins and Central Bank digital currencies as well as the payments aspects of financial market infrastructure, we have long been at the forefront of the legal developments within this space.

We help establish global payment systems, both retail facing and wholesale, advising on legal and regulatory considerations at inception and design with respect to new products and geographical expansion. We work with the full range of players in the payments ecosystem: payment service providers (including digital wallet providers), merchant acquirors, payment processors and providers of online payment gateways.

Financial services regulation

Disruption remains a critical element of the continued growth and innovation in the fintech sector. But the impact of financial regulation cannot be underestimated as those fintech disruptors bring their products to market. The depth and breadth of our understanding of the global regulatory environment is invaluable for helping clients navigate regulatory frameworks, including critical regulatory perimeter analysis.

Antitrust and data protection

There is increasing scrutiny of tech and fintech companies, their dominance, data use and responsibility for online harms and a focus on consumer protection in digital markets. This has prompted intervention to regulate the digital economy with use of antitrust and data protection tools against major tech companies, digital services taxes and regulation of online content. Clients turn to us to help them navigate the rapidly evolving regulatory landscape around the world to build and defend successful businesses.

ESG incentives

The current climate presents unprecedented challenges for organisations from an employment and culture perspective and the fintech sector is no exception.

Clients turn to ILAC to address their strategic employment and environmental, societal and governance (ESG) issues to best effect in areas such as workplace culture, diversity, pay and incentives, workforce restructuring, supply chain and climate change compliance and whistle-blowing.

As a firm, our vision is to be known as ‘best in class’ for diversity, equality and inclusion in the legal sector. It’s not just a box-ticking exercise for us, but a strategic and ethical understanding that we cannot be the leaders we aspire to be without the best talent in the world.

Regulatory investigations and litigation

Given the critical nature of tech and the consequent increased focus from regulators and the courts, the cost of dealing with crisis issues is growing substantially. We work increasingly with clients in engaging with regulators across the global both to manage compliance risk and to support regulatory investigations when they occur and any resulting litigation.

When things go wrong, our global disputes team manage complex tech disputes of all kinds, including the developing world of crypto litigation.

NFT

Legal consultancy for any non-fungible tokens (NFTs), NFT marketplaces, collectable-related projects and digital assets connected to digital art, music, in-game assets, videos, pictures, images, 3d models and more. We help our clients properly protect their intellectual property, inlcuding, but not limited to open protocols like Ethereum and interoperable standards like ERC-721 and ERC-1155. We can help with all your legal problems with NFTs.

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Products

KYC (Know Your Customer)

Travel Rules

NFTs

Regulatory Consulting

Licensing in Bulgaria

Fintech Advisory

Company Registration

Digital Assets and Tokens

Accounting

Address

123 Knyaz Boris I Str, Sofia, Bulgaria

+35987772602

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